Dun & Bradstreet’s (D&B) roots go back to 1841 when Lewis Tappan recognized the need for a centralized credit reporting system and formed The Mercantile Agency in NYC. The agency collected information from a network of correspondents and provided reliable and objective credit information to subscribers. 182 years later, D&B still does essentially the same thing which speaks to the businesses' resilience and quality. If that’s not
Thanks for the great and thorough analysis! I have done some work on DNB as well. The one thing I haven't yet got my head around, is that how they're going to reduce the big pile of debt? Personally I think it's a drag on the valuation and also not good for shareholders in the long run. The interest expenses consume much of the opeational cash flow. Any thoughts on how they could perform the pay down of the debt... just many years of waiting?
Dun & Bradstreet: Bill Foley’s Latest Turnaround
Thanks for the great and thorough analysis! I have done some work on DNB as well. The one thing I haven't yet got my head around, is that how they're going to reduce the big pile of debt? Personally I think it's a drag on the valuation and also not good for shareholders in the long run. The interest expenses consume much of the opeational cash flow. Any thoughts on how they could perform the pay down of the debt... just many years of waiting?